SourcingSourcing

BFC PLANNING, INC.

C46
CRD 119682·SEC 801-67427·CEDAR RAPIDS, IA
AUM
$3.84B
$1B+
Est. Revenue
$38.4M
@ 1% on AUM
Est. EBITDA
$11.5M
@ 30% margin
Est. Deal Value
$92.2M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
BFC PLANNING, INC.
CRD
119682
SEC file #
801-67427
EIN
270673362
DBA names
—

Economics

AUM
$3.84B
AUM band
$1B+
AUM trajectory
'20'26
$821.5M → $3.84B▲ +368%
Client mix
Individuals Other10,753
Individuals High Net Worth574
Corporations78
Pension Profit Sharing Plans34
Charitable Organizations9

Operations

Employees (total)
200
Advisory staff (per ADV)
200
Advisory staff (5-yr trend)
'20'26
204 advisors → 200 advisors▼ -2%
Primary office
CEDAR RAPIDS IA
Branches
—

Custodian & Brokerage

Primary custodian
E*Tradelow confidence
Services offered
Financial planningPortfolio mgmt — individualsSelection of other advisers
Fee basis
% of AUMHourly chargesFixed feesOther Compensation

Filings

Compliance

Disclosures (firm)
1
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
BERTHEL FISHER & COMPANY
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
10
Control Persons
BERTHEL FISHER & COMPANY
BERTHEL, THOMAS, JOSEPH
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
Yes

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
social_url_excluded:linkedin.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
Yes
Form 5500 Plan Count
3
Form 5500 Total Compensation
45,962
Form 5500 Compensation Trajectory 3y
202534,599
202611,363
Form 5500 Plan Count Trajectory 3y
20252
20261
Schedule C Total Compensation
45,962
Schedule C Service Provider Rows
3

SEC EDGAR

Edgar Cik
0001593387
Edgar Registered
Yes
Edgar Filing Count
50
Edgar First Filing Date
2015-03-13
Edgar Last Filing Date
2026-05-13
Edgar 13f Count
30
Edgar 13f Latest AUM Estimate
Filing Date2026-05-13
Accession0001593387-26-000004

Compliance & brand

Firm Registration Status
active

All other collected signals (11)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
48
Bc Firm Active IA Count
50
Bc Firm IAR Count
50
Custodian Candidates
Full
E*trade4
Edgar Addresses
Mailing
444 N. MICHIGAN AVE, STE 3150CHICAGO, IL 60611
Business
444 N. MICHIGAN AVE, STE 3150CHICAGO, IL 60611
Edgar EIN
270673362
Edgar Recent Filings
13F-HR2026-05-13 · 0001593387-26-000004
13F-HR2026-02-17 · 0001593387-26-000002
Firm Has Custody
No
Mailing Office Differs
No
Trust Company Affiliate
No

People (59)

59
THOMAS JOSEPH BERTHEL
Executive Officer · 2.5%
823289
ANDREW JAMES CHRISTOFFERSON
Executive Officer · 2.5%
3248381
Brian Michael Rupp
Executive Officer · 2.5%
6721718
JOANNA MARIE SCHAUL
Executive Officer · 2.5%
4947759
KIMBERLY KAREN EARLY CHAPMAN
Executive Officer · 2.5%
2527036
JAMES RALPH HOHN
Executive Officer · 2.5%
5413776
Tobi Lane Moss
Executive Officer · 2.5%
2421561
PAIGE NICHOLE CHRISTOFFERSON
Executive Officer · 2.5%
4575768
RANDY AUSTIN WILCOX
Executive Officer · 2.5%
4346998
DAVID C KURT
IAR
4374795
DAVID ANDREW HICKMAN
IAR
5050122
CHRIS ALLEN MCELHANNON
IAR
2432125
MATTHEW JOSEPH POSEY
IAR
1859130
CHRISTOPHER DAVID SEIPLE
IAR
2185271
DANIEL DEAN BRUMMEL
IAR
5025695
GUY WILLIAM JONES
IAR
1156059
ROBERT REED ANDERSON
IAR
3264613
MAJID MUSTAFA KURESHI
IAR
6328650
TIM ALAN HOHULIN
IAR
1051205
Matthew Neal Bins-Castronovo
IAR
7658908
AMANDA RAE COONEY
IAR
4863387
SUMAN SACHDEVA
IAR
4008218
MATTHEW DAVID SHINN
IAR
7628886
Adin Cole Ward
IAR
7925607
KERRY GLEN JUDD
IAR
1919781
BRADFORD TODD WILLIAMS
IAR
4268018
RICHARD RALPH BULLER
IAR
1511922
TERRY JOE PITCHFORD
IAR
1156863
MICHAEL TODD SHINN
IAR
4824796
JASON JEROME BERNAT
IAR
5290660
SPENCER ALLEN MILLS
IAR
5506169
NATHAN THOMAS CROUCH
IAR
6334289
ANDREW JAKE GEIGER
IAR
8000816
David R Hurlbut
IAR
6695400
GAIL CAROLINE KACZMAROWSKI
IAR
7681949
Nancy Corrine Carrel
IAR
6813086
William Eric Sines
IAR
6991317
DAVID SCOTT DOWNEY
IAR
4543901
RICHARD J HORVATH
IAR
2986519
RICHARD DECATUR TOWNSEND
IAR
5126093
Jakob Trent Jeffery
IAR
7507812
ROBERT JOSHUA ROACH
IAR
5136246
MARK BAKKUM
IAR
6420037
SCOTT TERRENCE MUNRO
IAR
1534754
BRIAN JAMES MCCAULEY
IAR
1011765
Brad James LaGrange
IAR
7375208
ARTHUR LESLIE JACKSON
IAR
2257751
Brett David Heiniger
IAR
7320364
Tofig Mammadov
IAR
7064058
JAMES ANDREW CECIL
IAR
3216291
JEFFREY DOUGLAS THOMAS
IAR
2737704
TEDDY JOSEPH NEWMAN
IAR
2642610
JON HARRIS MESMER
IAR
2179965
PAUL KURT SAXENMEYER
IAR
1269690
SEAN JOSEPH MCGHEE
IAR
1511563
SUZANNE MARIE WAGNER
IAR
1852685
Scott Anthony Childs
IAR
6606295
GAL ELIEZER PERLMUTTER
IAR
5040414
JODY LEE WEIS
IAR
2032709